$1,275,000

201 S Melrose St Placentia, CA 92870

Estimated payment $7,413/month

Total Views 1,188
5 Beds
2 Baths
1,857 Sq Ft
$687 Price per Sq Ft

Highlights

  • Corner Lot
  • Laundry Room
  • Front Yard
  • Kraemer Middle School Rated A
  • Heating Available
  • 1-Story Property

About This Home

An Exceptional Dual-Living Opportunity in Prime Placentia, Discover a truly rare and remarkable offering in the heart of Placentia—two beautifully remodeled homes on one expansive, fully fenced corner lot. With separate addresses and private entrances, this property delivers the perfect blend of luxury, functionality, and versatility for extended families, multi-generational living, or savvy investors.
Main Residence: Step into a stylishly updated 3-bedroom, 1-bathroom home featuring a spacious, modern kitchen with a breakfast bar, an elegant built-in fireplace, and an open-plan layout that flows seamlessly into a wraparound enclosed verandah—ideal for relaxing or entertaining. The large, private backyard offers abundant space for outdoor living and gatherings.
Second Residence: Equally impressive, the second home offers 2 bedrooms and 1 bathroom with a contemporary open-plan design, excellent natural light, generous storage, and private front and side patios. Additional features include a separate laundry room, a 2-car garage, and a state-of-the-art security camera system.
Whether you're looking to accommodate extended family, create a private guest retreat, or generate rental income, this property is an unmatched opportunity in a sought-after location.

Listing Agent

Pilar Hernandez

Gabriel A. Albanez, Broker Brokerage Phone: 562 415-5403 License #01049536 Listed on: 08/27/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,764

Year Built

  • Built in 1914

Lot Details

  • 8,276 Sq Ft Lot
  • No Common Walls
  • Corner Lot
  • Front Yard

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 1,857 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Utilities

  • Heating Available

Listing and Financial Details

  • Legal Lot and Block 22 / A
  • Tax Tract Number 140
  • Assessor Parcel Number 33936328
  • $1,034 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gross Income $4,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,764

Year Built

Built in 1914

Lot Details

0

Parking

2

Listing Details

  • Price Per Unit: 637500
  • Property Attached: No
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 33936328
  • Year Built: 1914
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Entry Location: FRONT DOOR
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 686.59

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Fireplace(s)
  • Laundry Features: Gas Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Front Yard, Lot 6500-9999
  • Lot Size Sq Ft: 8276.00
  • Lot Size Acres: 0.1900

Multi Family

  • Gross Income: 4600.00
  • Gross Scheduled Income: 4600.00
  • Lot Size Area: 8276.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Block: A
  • Tax Census Tract: 117.21
  • Tax Lot: 22
  • Tax Tract Number: 140
  • TaxOtherAnnualAssessmentAmount: 1034.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,764 $800,000 $712,945 $87,055
2024 $5,764 $446,824 $381,220 $65,604
2023 $5,633 $438,063 $373,745 $64,318
2022 $5,536 $429,474 $366,417 $63,057
2021 $5,396 $421,053 $359,232 $61,821
2020 $5,410 $416,736 $355,548 $61,188
2019 $5,197 $408,565 $348,576 $59,989
2018 $5,129 $400,554 $341,741 $58,813
2017 $5,043 $392,700 $335,040 $57,660
2016 $1,228 $43,132 $19,969 $23,163
2015 $1,207 $42,485 $19,669 $22,816
2014 $1,183 $41,653 $19,283 $22,370
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2025 08/27/25 For Sale $1,275,000 -- $687 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $600,000 Socal Title Company
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $560,000 Construction
Previous Owner $300,000 Construction
Previous Owner $53,566 New Conventional
Source: Public Records

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    Section Image

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW25193460

California Regional Multiple Listing Service (CRMLS)

APN: 339-363-28